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High Quality, Premium Products

Characteristics of Premium Quality Coal

Walter EnergyCoal

Excellent low-ash composition

Low sulfur

Low volatility (high-yielding)

High coke strength (stability and CSR)

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Competitive Advantage

Walter Energy’s mines

Ridley Terminal

Tumbler Ridge/Chetwynd• Local population with extensive

mining experience

CN Rail• 40 Mt/a of available capacity• 950 km between port and

mines

Ridley Terminal• 13 Mt/a capacity expanding to

24 Mt by end of 2014• $200M Capex approved• 36-hours closer to Asian

customers than Vancouver ports.

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In the Community

• Good corporate citizens

• Support for regional and community programs and events throughout the year including:– Gwilliam Lake Provincial Park upgrade

– Chetwynd Chainsaw Carving Competition

– Tumbler Ridge Museum Foundation

– Grizfest

– Youth sport programs

– High school scholarships

– Library programs

– Donation to STARS Air Ambulance

– Partnership with Telus to bring high-speed internet to Tumbler Ridge

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In the Community - continued

• We recruit from within the local area wherever possible– For example, approx. 85% of Wolverine

employees recruited from local communities

• We operate in the Treaty 8 traditional territory and have strong business relationships with the:– McLeod Lake Indian Band

– Saulteau First Nations

– West Moberly First Nations

• Partnering with Saulteau and West Moberly First Nations on Twin Sisters Native Plant Nursery

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Brule Mine

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Brule Mine

• Located approximately 45 km / 28 miles south of Chetwynd, BC

• Open pit mine producing ultra-low volatile pulverized coal injection (ULV-PCI) coal

• Coal from Brule is hauled by truck to Walter Energy’s Willow Creek Mine for processing and shipping

• Employs 300+ employees and contractors• Planned production is 2 million metric tons of clean coal per year• Brule has enough coal reserves to produce at its planned rates

until approximately 2023

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Brule Mine

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Willow Creek Mine